By Peter Coffey (eds.)
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Extra resources for Economic Policies of the Common Market
In most cases, the action of the Commission has, since then, been 'counter-interventionist', that is to say, it has avoided excessive intervention in the affairs of the Member States. 27 III. 2 Diverse phenomena, catalysed by the crises and mentioned in the introduction, have brought this perspective into question and have led to the renewal of the call for a more voluntarist industrial policy, as was expressed in the CECA and Euratom Treaties, and as was conceived by certain promoters of European medium-term programming.
25 Today, the Director of the Directorate for Industrial Policy, E. Davignon, is trying to find a compromise between a 'Directive Industrial Policy' and a 'Competition-orientated Industrial Policy',26 but in the present European situation such a compromise probably will be very unstable. III GENERAL PERSPECTIVES III. I Until the post-energy crisis and subsequent economic recession, one can say that the European industrial policy, used in the context of 'neo-liberalism', tried to play the role of a useful complement vis-a-vis the policy of competition in favouring the realisation of a Common Market between Member States.
Current concerns with surplus disposal and high budget cost would be of much less political moment and intercountry transfers would be Jess sensitive. The policy could be sold to consumer interests, at present highly sceptical about the operation of the CAP. It would also transform the relationship with other countries, both developing and developed, who at present see the high levels of protection in agriculture as an unnatural impediment to the normal flow of trade. But some modification of market regulation instruments is AGRICULTURAL POLICY 19 desirable.
Economic Policies of the Common Market by Peter Coffey (eds.)